Janney Montgomery Scott LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 37.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 572,521 shares of the company’s stock after buying an additional 154,687 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $143,308,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of MTUM. Dagco Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at $25,000. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at $25,000. Cary Street Partners Financial LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at $26,000. Finally, United Financial Planning Group LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at $28,000.
iShares MSCI USA Momentum Factor ETF Trading Down 2.2%
BATS:MTUM opened at $304.92 on Thursday. The firm has a market capitalization of $22.26 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $331.49. The business’s fifty day moving average price is $288.09 and its 200 day moving average price is $264.13.
About iShares MSCI USA Momentum Factor ETF
The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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